Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Malvern. Expertly crafted featuring premium concrete and brick construction, this residence presents an exceptional opportunity offered at $399,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to an exceptional opportunity to own instead of rent-at a comparable monthly cost! This spacious 2+1 bedroom unit is located in a highly desirable area with 24-hour TTC access. ***Gorgeous, bright, and sun-filled, this unit offers breathtaking views for miles. Featuring a functional split-bedroom layout, a walk-in closet, and large windows that flood the space with natural light. Enjoy laminate flooring throughout and a modern kitchen complete with quartz countertops and brand-new appliances.***This well-maintained, move-in-ready unit also an exceptionally large private balcony-one of the best in the building***Close to Grocery, Shopping, Centennial College, Scarborough Town Centre And Hyw401, Everything you need is at your doorsteps.***Perfect for first-time buyers or investors looking for a turnkey property in a high-demand location. Must See.. Don't miss out..!!
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Primary Bedroom - Main Floor, Carpet Free
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 5580 Sheppard Avenue E 1001, Toronto, ON M1B 2L3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $399,000 in Toronto, the legal minimum down payment is $19,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,460 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,460 also applies, bringing the total estimated land transfer taxes to $8,920.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.